Bottom line
- Total investment $332K – $618K including a $50K franchise fee, 7.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 75/100. SBA loan default rate of 0.0% across 7 loans (below the industry average).
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Fly Fitness unit return on the cash you put in?
Unlevered ROIC · per unit
43%
In Yale's "attractive" band (30–60%)
Overview
About
Fly Fitness franchisees operate boutique fitness studios offering specialized group classes (likely fly/aerial yoga or similar). Day-to-day operations include instructor scheduling, class management, member retention, facility maintenance, marketing, and billing—all while paying 7% royalties on weekly gross revenue to an unstable franchisor.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 16 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Fly Fitness presents extreme risk: a micro-franchise system with failing unit economics, undisclosed revenues, going concern issues, and a royalty structure that extracts fees from unprofitable locations.
Score breakdown · what drove the 75 / 100 rating
- 01HIGHGoing Concern status is FALSE — franchisor may face operational/financial instability
- 02MINORAverage Net Income is NEGATIVE (-$28,812.92) — current franchisees are losing money on average
- 03MINOROnly 4 units in system with unknown growth trajectory — extremely small, potentially contracting network
- 04MEDRevenue figures not disclosed — inability to validate ROI claims or unit economics
- 05MINORHigh initial investment ($331.5K-$617.7K) combined with negative returns creates severe cash flow risk
- 06MINOR7% royalty on gross revenue applies even when units operate at a loss — unsustainable fee structure
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
18 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Fly Fitness · FDD (2024) PDF